IS there any thing like Asian business model ?
Introduction:
East Asia's rapid economic growth and the crisis of 1997 have caught the world's attention. This rapid growth created big question in the minds of the other countries, Japan wanted to understand how the other Asian countries are able to sustain such a low rate of inflation and still sustain such high savings and productivity, so Japan went to the world bank as to hire them to find this out for them. The World Bank …
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…linked process of growth supported by new appropriate policies, high levels of savings and investment, and foreign investment will allow the growth to resume once again, it may not be the same as it was but it will surely result in the growth of the economies once more. Therefore looking at the above information we can say that exists an Asian model and it is different from the other European or the American business models.
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